|Day Low/High||197.05 / 204.50|
|52 Wk Low/High||22.16 / 242.15|
A lot to discuss -- the markets' reasonably large drop from the day's highs, Netflix's very weak subscriber adds (and $32/share drop in the after hours), Snap's good usage numbers (and its salutary impact on Twitter's shares after the close (up $3/...
* Long GM/Short CVNA that is Two weeks ago I put on this pairs trade: Oct 06, 2020 ' 09:50 AM EDT DOUG KASS Putting on a New Pairs Trade I am already long a large position in General Motors . I am now putting on a "pairs trade" (on top of that l...
My short book of individual names - away from the Indices - include Tesla , Zoom and Carvana . Given the aforementioned pivot from growth to value that I am playing over the balance of 2020 - which could be exacerbated by the selling FAANG names in...
* My revised levels I don't want there to be any ambiguity about the size of my positions, or about my buy and short levels, as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." -- Walter Deemer "When th...
Piper Sandler is saying that Carvana is at risk of missing second half 2020 consensus estimates. I recently raised this short position to medium-sized.
On this morning's strength I have moved to medium-sized in the following shorts: Zoom , Carvana , Apple , Netflix , and Facebook .
* Apple, Facebook and Netflix are new short names In case you missed it - I put on three new shorts on Friday afternoon. Apple , Netflix and Facebook are the new names. This makes six individual stock shorts -- , and are the others.
* I am short three stocks, all small-sized Away from my Index shorts, I am short three individual equities - Tesla , Zoom and Carvana . Each position is small sized - which I define as less than 1% of my portfolios. (See my Weightings profile, her...
Let's check out both the stocks that are going strong -- even without a stimulus -- and what I call the nascent bull markets.
The market is reflecting a triumph of big business over small business, and here's what that means for individual stocks.
I am out of - I have no Index longs left - and I have increased the size of my Tesla , Zoom and Carvana shorts.
Carvana , a new short, has reversed by -$11/share from the day's high. It is part of a pairs trade with long.
My only three shorts include Carvana , Tesla , and Zoom .
I am already long a large position in General Motors . I am now putting on a "pairs trade" (on top of that long holding) of Long General Motors/Short Carvana . More later in the week. For now check out Paul Price's column today.
Just as we saw with pot stocks, if you play shares strictly because they're going up, you're likely to get burnt.
It's remarkable to see such excitement based on totally contradictory theories and themes.
I don't see volatility issues for Insurance Acquisition Corp., which is set to vote on its merger with Shift in mid-October.
The visible stories are almost all positive. The negative stories are almost all hidden at least when it comes to the stock market.
If you're looking for something that could work outside of the bigger influences over the next few weeks, INSU could be it.
Beware of high-flying stocks and instead opt for these 'grounded' ones.
Carvana has suspended the 2020 guidance as it expects the pandemic's crippling impact to strain its operations in the days to come. Carvana missed revenue guidance and the stock was down $8 pre-market. It is now up over $30 to an all time new high....